Giuliana and Bill Rancic opening Italian restaurant in Chicago

Bill and Giuliana Rancic celebrate New Year's Eve 2011 in Times Square on December 31, 2010 in New York City.

Bill and Giuliana Rancic celebrate New Year's Eve 2011 in Times Square on December 31, 2010 in New York City. (Photo by Astrid Stawiarz/Getty Images)

Luis Gomez

Reality TV is coming to River North.

Giuliana andBill Rancic announced on Monday that they are opening an Italian restaurant in Chicago's River North neighborhood. The stars of Style Network's "Giuliana and Bill" will team up with Lettuce Entertain You's RJ, Jerrod and Molly Melman on the restaurant, which will take over the space currently occupied by Ben Pao.

For those who don't watch the reality show, the Rancics had been deciding between the Chicago-area, where Bill was born and attended Carl Sandburg High School, and Los Angeles, where Giuliana, who was born in Naples, Italy, is host of "E! News."

Monday's episode of "Giuliana and Bill" will feature the couple planning out the details of the restaurant.

“Giuliana and I weighed the various aspects of opening an Italian restaurant, and we are truly thrilled and honored to have partnered with the absolute best in the business,” saidBill Rancic, the original winner of NBC's "The Apprentice," by press release. “There isn’t anyone we’d rather work with than RJ, Jerrod and Molly on this exciting project. I think people are really going to enjoy visiting this great new spot in my hometown.”

The Rancics and Melman siblings, who have had success with their first two Chicago venues, Hub 51 and Paris Club, expect the yet-to-be-named restaurant to open in January 2012.

“We’ve been thinking about creating an Italian concept for a while, and now that Paris Club and Studio Paris are established, we’re ready to focus on our next project in Chicago,” said Jerrod Melman by press release. “Over the past year, we’ve gotten to know Bill and Giuliana and become friends, and this just organically all came together.”